Stock market boomed on the first day of the new financial year, Sensex rose 1187 points, Nifty strengthened 348 points.
Mumbai, 1 April. While the Indian stock market had seen a big fall in the last trading session (Monday) of the last financial year amid the deepening crisis in West Asia, there was greenery all around on Wednesday, the first day of the new financial year (2026-27).
In fact, both the benchmark indices closed with strong gains as global markets rose on hopes of easing tensions in West Asia. The fall in crude oil prices also strengthened the market sentiment. In this sequence, BSE Sensex rose by 1,187 points and crossed 73,000, while NSE Nifty gained 348 points.
Sensex 1.65 percentage increase 73,134.32 closed on points
Bombay Stock Exchange (BSE)’s benchmark index Sensex based on 30 shares closed at 73,134.32 points, up 1,186.77 points or 1.65 percent. At one time during trading, it recorded a rise of 2,017.03 points and reached 73,964.58 points. Among Sensex related companies, 25 stocks remained in the green and five were weak.
nifty 1.56 percentage increase 22,679.40 closed on points
On the other hand, the National Stock Exchange (NSE)’s 50-share sensitive index Nifty closed at 22,679.40 points, rising 348 points or 1.56 percent. At one point during trading, the index had risen by 609.90 points to reach 22,941.30 points. But the lead weakened in the final hours. Among Nifty related companies, shares of 39 remained strong and 11 declined. Good buying was seen in the broader market also. The Nifty Midcap index gained 2.2% while the Smallcap index rose by 3.3%. All sectoral indices also closed in the green.
Investors earned Rs 9.82 lakh crore
The total market capitalization of companies listed on BSE increased to Rs 422.23 lakh crore in one session, which was Rs 412.41 lakh crore on the previous trading day. Thus, the market cap of companies listed in BSE increased by about Rs 9.82 lakh crore. In other words, there was an increase of about Rs 9.82 lakh crore in investors’ wealth.
Trent’s shares gained the most by 6.74 percent.
Among Sensex group companies, shares of Trent had the highest gain of 6.74 percent. InterGlobe Aviation, Adani Ports, Bharat Electronics, State Bank of India and Eternal were also major gainers. On the other hand, loss-making stocks include NTPC, Sun Pharma, Power Grid, UltraTech Cement and Bharti Airtel.
DII has 14,894.72 bought shares worth crores of rupees
According to stock market data, foreign institutional investors (FIIs) sold shares worth Rs 11,163.06 crore on Monday. However, domestic institutional investors (DIIs) bought shares worth Rs 14,894.72 crore. Global oil benchmark Brent crude fell 0.22 per cent to $103.7 per barrel.
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